NRB-IBC Bearings has ceased to be wholly-owned subsidiary (WOS) of NRB Industrial Bearings. The board of director at its meeting held on November 12, 2013 has taken note of it.
NRB Industrial Bearings is a group company of NRB Bearings and came into being having demerged from the parent company, from October 1, 2012 for manufacture and sale of bearings for various industrial applications.